LETNES AS

7670 INDERØY

Finances

Return on Equity

0,65 %

Current Ratio

2,93

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	186 255 000	237 647 000	162 554 000	150 883 000
Net Income	701 000	−1 963 000	7 204 000	4 457 000
Total Assets	150 712 000	162 919 000	171 550 000	152 679 000
Total Equity	108 594 000	108 893 000	110 856 000	103 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	186 255 000	237 647 000	162 554 000	150 883 000
Expenditure	185 239 000	239 814 000	151 080 000	150 713 000
Operating Profit	1 342 000	−828 000	9 624 000	5 962 000
Financial Income	232 000	25 000	32 000	224 000
Financial Costs	369 000	374 000	443 000	443 000
Financial Balance	−137 000	−349 000	−411 000	−219 000
Earnings Before Tax	1 205 000	−1 177 000	9 214 000	5 743 000
Tax	505 000	786 000	2 010 000	1 286 000
Net Income	701 000	−1 963 000	7 204 000	4 457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 236 000	59 742 000	62 326 000	62 672 000
Total Current Assets	92 475 000	103 177 000	109 223 000	90 007 000
Total Assets	150 712 000	162 919 000	171 550 000	152 679 000
Total Retained Equity	107 589 000	107 888 000	109 851 000	102 647 000
Total Equity	108 594 000	108 893 000	110 856 000	103 652 000
Total Long-Term Debt	10 523 000	11 640 000	15 210 000	11 158 000
Total Current Debt	31 595 000	42 386 000	45 483 000	37 869 000
Total Equity and Debt	150 712 000	162 919 000	171 550 000	152 679 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	186 223 000	236 396 000	160 337 000	148 124 000
Other Income	32 000	1 251 000	2 217 000	2 759 000
Revenue	186 255 000	237 647 000	162 554 000	150 883 000
Cost of Goods Sold	79 783 000	148 701 000	64 770 000	72 998 000
Salary Costs	49 164 000	46 175 000	44 051 000	40 940 000
Depreciation	9 748 000	9 664 000	10 100 000	10 282 000
Impairment	0	0	0	0
Expenditure	185 239 000	239 814 000	151 080 000	150 713 000
Operating Profit	1 342 000	−828 000	9 624 000	5 962 000
Financial Income	232 000	25 000	32 000	224 000
Financial Costs	369 000	374 000	443 000	443 000
Financial Balance	−137 000	−349 000	−411 000	−219 000
Dividends	1 000 000	0	0	0
Net Income	701 000	−1 963 000	7 204 000	4 457 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	574 000
Total Intangible Assets	0	0	818 000	574 000
Real Eastate	20 433 000	21 583 000	19 122 000	16 392 000
Machinery and Plant Facilities	27 975 000	32 985 000	37 056 000	42 819 000
Fixtures	2 151 000	0	0	0
Total Tangible Assets	50 559 000	54 568 000	56 179 000	59 210 000
Total Fiancial Fixed Assets	7 677 000	5 175 000	5 330 000	2 888 000
Total Fixed Assets	58 236 000	59 742 000	62 326 000	62 672 000
Stock	24 565 000	26 526 000	56 015 000	38 682 000
Total Investments	0	0	0	0
Cash, Bank	31 876 000	8 636 000	10 460 000	8 664 000
Total Current Assets	92 475 000	103 177 000	109 223 000	90 007 000
Total Assets	150 712 000	162 919 000	171 550 000	152 679 000
Total Equity	108 594 000	108 893 000	110 856 000	103 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 523 000	11 640 000	15 210 000	11 158 000
Creditors	13 479 000	16 783 000	16 018 000	15 021 000
Unpaid Taxes	8 743 000	5 373 000	6 111 000	7 248 000
Dividends	1 000 000	0	0	0
Other Current Debt	8 774 000	18 631 000	10 832 000	12 311 000
Total Current Debt	31 595 000	42 386 000	45 483 000	37 869 000
Total Equity and Debt	150 712 000	162 919 000	171 550 000	152 679 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,65 %	−1,8 %	6,5 %	4,3 %
Debt-to-Equity Ratio	0,1	0,11	0,14	0,11
Operating Profit Margin	0,72 %	−0,35 %	5,92 %	3,95 %
Current Ratio	2,93	2,43	2,4	2,38
Quick Ratio	13,15	6,51	−10,37	−110,71
Equity Ratio	0,72	0,67	0,65	0,68
Gross Profit Margin	57,16 %	37,43 %	60,15 %	51,62 %